Why the Current Policy Prescriptions Cannot Possibly Work - Thorsten Polleit - Mises Institute »

Posted By populist 3 months, 3 weeks ago in Political Opinion

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Are governments doing enough to fight this financial and economic crisis? Is it a good thing that central banks have cut interest rates essentially to zero and have increased the base money supply dramatically to support the financial sector? Will depression be prevented if governments across the world run up huge deficits in an attempt to strengthen demand, production, and employment?

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